My rational is that he would be financially invested and have more motivation to do a good job and meet deadlines.We agreed to set up an LLC try 3 flips together.

@Michael Glaspie Depends on the size and how quickly the seller can provide a rent roll, leases and financials incl bank statements.

Where are you financially?

When did job type become a protected class?

I have not reached full financial Independence but live very comfortable in Fresno CA.

And you definitely want to run it to an outlet that's on a breaker so that protection is still in place, and one that preferably doesn't have anything else being used on it so you know you've got this temporary 15 amp circuit in place. 

Hello Matthew,I am glad you are on you way to financial freedom.

@Thomas S.Great advice - thxSo if I took out a large amount as protection, the hope is that there will be an HOA decision during the process in whicn he objects to the withheld funds.

I’m pretty good at goal setting and laying out financial plans.

Financial freedom How did you find this deal and how did you negotiate it?